Numerous manufactured home professionals don’t realize that the per HMDA data, the #3 lender in manufac5ured housing is Well Fargo, which Warren Buffett’s Berkshire Hathaway has a large stake in. The fines they were hit with today are our featured spotlight tonight. If you’re new, already hooked on our new […]
#3 MH Lender Hit by $2 Billion in Fines, Plus MH Market Updates Read More
It’s an older property, that the photos reveal includes several true pre-HUD Code mobile homes (MH). Ryan Kirk bought Airbase Estates in Montgomery, AL about 9 months ago. By ‘doing what’s right’ he’s making residents happy, looks to have a handsome ROI, and has attracted positive local media coverage.
There appears to be considerable confusion about a variety of facts regarding modern manufactured homes, as well as the manufactured housing industry. Why? Let’s tee up this topic, before diving into this relevant research, and today’s timely fact check. Accurate Information Matters When reading mainstream media reports, or research being
Manufactured Housing Industry Facts, It’s About More, Per Economic Expert’s Insight Read More
The latest data reveals that worker pay has hit the highest level of increase in a decade. What does that mean for factories, and manufactured home sellers? The Daily Business News will take a look… Business media on both sides of the left-right political divide are saying surprisingly similar
Factories Fighting, and Manufactured Housing Sellers Benefit Read More
“Rumors of U.S.-China trade talks was enough to stir soybean prices higher,” per Farm Futures. As thousands of MHPros know, much of the manufactured home industry revolves around rural sales. Among those are to farmers and their workers. So, while there’s chatter both for-and-against the Trump Administration tariffs strategy, there also
Signs China’s Weakening in Trade Tiff with U.S.? Plus MH Market Updates Read More
With almost 2 months since the combination of Skyline and Champion – producers of manufactured home, modular housing, and other forms of factory-crafted construction – has occurred, it’s an apt time to take a snapshot of the new #2 in HUD Code home industry. As with several other publicly-traded
There are factory-builders, brokers and sellers who keenly understand that every natural disaster spells opportunities in disguise. While the execution was widely seen and reported as tragically flawed, the Haitian crisis attracted friend-of-the-Clintons Warren Buffett led Berkshire Hathaway’s Clayton Homes into the island’s relief effort. Millions were made
Third-party information can be a powerful resource for savvy industry professionals, including those who are on the front-lines with retail buying customers. What you say on your website, or on your own authority may or may not be believed. But research reveals, that third-party information is far more trusted.
Tell Your Home Buyers, “Higher Rates Ahead,” Per Mainstream Reports Read More
Wheat and chaff. Whatever your politics or bias, take the best information, from a variety of sources, sifting out what’s irrelevant or less relevant. With the midterms less than 100 days out, the intensity of activity – along with red-herring, emotional distractions – will likely grow. Professionals and investors should
“The mortgage industry and Washington were rocked Friday by news that Federal Housing Finance Agency Director [FHFA] Mel Watt has been accused by an agency employee of sexual harassment,” wrote Rob Blackwell for AmericanBanker. As many manufactured home industry veterans know, the FHFA was established as the receiver for the Government
Mel Watt Charged With Sexual Harassment – Manufactured Housing Industry Repercussions? Read More
“Every Man owes some of his time to the upbuilding of the profession to which he belongs.” – Theodore Roosevelt per AZquotes. If memory serves, it was about 1988 when Colorado’s manufactured housing association used that quote in an article about this writer’s operation in Purcell, OK. The
What’s Keeping the Manufactured Housing Industry from Attaining Is Full Potential? Years before the Urban Institute asked last January, “Manufactured homes could ease the affordable housing crisis. So why are so few being made?” MHProNews and MHLivingNews explored that very topic, day by day, story by story, video by video,
“Who controls the past controls the future. Who controls the present controls the past.” – George Orwell, per Goodreads. What does that quotation mean? “The meaning of this statement is that someone can redefine who they are and, in fact, what a society is by being able to
“Blackstone Group LP has made its first bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc., according to people with knowledge of the matter,” said Bloomberg earlier today. As the Daily Business News on MHProNews reported earlier this month, Tricon sold
There will be a special report later this evening on the entry of the Blackstone Group (BX) into the manufactured home community space. They’ve been added to our evening closing ticker recap. But tonight’s feature will be on the economy. Despite concerns over tariffs, trade and the latest faux gaff,
There are numerous points that mainstream media pundits are passing over or missing in the latest economic report. Certainly, the major news outlets fail to mention manufactured housing (MH) at all when it comes to economic data and potential impact. The Daily Business News will begin by setting
Q2 Best Economic Growth in Years, Per Federal Data, MHVille Insights Read More
The Daily Business News has been advised of a meeting at the Department of Housing and Urban Development (HUD), which took place on July 25, 2018. The focus of that high-level meeting’s discussion? It could be summarized with the following bullets. To: • obtain more personal property financing options
Virginia’s Lieutenant Governor Justin Fairfax held a series of community meetings on the eviction crisis recently, says Virginia’s Public Radio (VPR) to the Daily Business News. The underlying problem? A lack of affordable housing. “Now some advocates think manufactured homes, also known as mobile homes, could be a part
It’s no secret that FANG – Facebook, Apple, Netflix and Google – has drawn a growing amount of monopolistic concerns in the last 2 years. It’s also no secret that big tech has faced push-back from the right, which says that FANG often has shown bias for progressives, and animus
Facebook Faded Fast, Biggest Plunge in History, Plus MH Market Updates Read More
The Florida Manufactured Housing Association (FMHA) spotlighted Adam Putnam earlier this year, after his tour of a HUD Code manufactured home and modular housing factory in Plant City, FL. Ag Commissioner, Gubernatorial Candidate Adam Putnam Tours Palm Harbor Plant Adam Putnam’s connected political action committee (PAC), called ‘Florida Grown,’
